Friday, July 7, 2017

07 - Jul - 2017 (+11)



Market Commentary
9:31 AM: Day trend up, Intraday bias is neutral as price strongly rejected from BRN yesterday + DO below PDC, near to PDL + IR formed below PDC and closing range. Look for PA at DO/DL/PDL

9:34 AM: Looking for buy signal, either as BOF of PDL/DO/IRL or BPB of IRH/PDC

10:12 AM: Trade 1 – BOF of PDL long at 9653 with Initial SL 9644 (below DL), FTA IRH/DH 15 points away.

10:18 AM: Ideal entry should be at 9656 (above 1o:03 pin bar high), however my SL honored

10:27 AM: Moved SL to 9646, below PB low

10:44 AM: Moved SL to 9648, below recent swing low

11:23 AM: Moved SL to 9653, near to cost... after price broke from 45 minutes’ consolidation

13:50 PM: Moved SL to 9663 after BO above DH/IRH/PDC

14:23 PM: Moved SL to 9666 (below PDC, morning high), price seems to be reversing.

14:40 PM: Exited with gain of 11 points. Done for today



Points earned:  +11

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